Reuters: END OF AN ERA? - OPEC share in global oil production | June 12, 2026
_RON BOUSSO, ROI Energy Columnist: OPEC's share of global oil production has [plummeted](https://www.reuters.com/commentary/reuters-open-interest/hormuz-reopening-could-be-opecs-undoing-2026-06-11/) since the start of the Iran war and the closure of the Strait of Hormuz. The producer group will likely find it hard to build back its strength._

